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A young energetic man, Komi-Kuma is a retailer of motor oil out of his home. He operates this business by himself and gets his supplies in Lomé. Confronted with a lack of inventory, he is requesting an initial loan from WAGES to purchase some. He wants to reinvest in his business and get married later on.
View original language description ↓
Jeune homme dynamique de 26ans, Komi-Kuma est revendeur d’huile à moteur à domicile. Il exerce seul l’activité et s’approvisionne à Lomé. Confronté au manque de stock de marchandises, il sollicite un premier crédit à WAGES pour en acheter. Il veut réinvestir dans l’activité et se marier plus tard.

Additional Information

About Women and Associations for Gain both Economic and Social

This loan is administered by Women and Associations for Gain both Economic and Social (WAGES), Togo’s second-largest microfinance institution. Along with a wide range of savings and loan products, WAGES offers its clients training programs in basic literacy, health care (HIV/AIDS and malaria), and business-related subjects (business management, marketing, accounting). You can show your support for WAGES by joining its lending team!

About Togo

  • $1,700
    Average annual income
  • 3
    View loans »
    Togo Loans Fundraising
  • $8,704,275
    Funds lent in using Kiva
  • 502.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Komi-Kuma to purchase motor oil.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Oct 16, 2012
Nov 1, 2012
Currency Exchange Loss:
May 17, 2013